Lessons I Learned From My Divorce
When choosing a divorce lawyer in Barrie or Newmarket, experience in Family Law matters. At Galbraith Family Law, we believe personal insight can be just as valuable. Our founder, Brian Galbraith, went through a divorce in 2003, and it gave him more than just a legal perspective. It taught him practical, real-life lessons about navigating separation, parenting, and finances with clarity and compassion.
Below are some of the financial and life lessons he learned along the way.
Practical Lessons from Personal Experience
1
Use a separate bank account for support payments
Set up an automatic transfer from your main account. It keeps things organized and ensures cheques can be cashed without delay.
2
Don’t sweat the small stuff
Household items and furniture can be replaced. Your energy is better spent on bigger priorities.
3
Buy second-hand
It’s more affordable, often just as good as new, and helps cut costs during a time of financial adjustment.
4
Let the kids move freely between homes
Don’t hoard their things. It’s easier on everyone, especially them, if they can bring what they need wherever they go.
5
Start saving for their education early
A Registered Education Savings Plan (RESP) can make university or college far more manageable when the time comes.
6
Downsize your car
Big car payments, gas, and insurance eat away at your budget. Consider a more affordable option and park your ego.
7
Be honest and organized with your financial disclosure
When your lawyer asks for documents, provide them. It saves time, stress, and legal fees.
8
Negotiate when you can
The more you and your former partner can resolve on your own, the less you’ll pay in legal costs.
9
Let go of financial control
Your ex is responsible for their own spending. Focus on your own financial health.
10
Expect lifestyle changes
Most people experience a financial dip after separation. It’s temporary, you will recover.
11
Choose the Collaborative Process
Compared to Family Court, it’s less expensive, more efficient, and gives you greater control over the outcome.
12
Dating has its own costs
Be mindful, it can lead to serious commitments and more financial responsibilities down the road.